“This wave of hype is centered around “yield farming,” wherein investors chase massive profits by supplying liquidity to various interlocking on-chain financial protocols.” | learn more
Though this post is a big haphazard, it offers some interesting ideas on Open Finance (DeFi) and what the author calls Open Law. | learn more
There’s a mini-scandal going on between Scott Alexander, pseudonymous author of the popular blog Slate Star Codex, and the New York Times that’s threatened to publish his real name (for no good reason). You can bet on whether NYT publishes […]
“Give someone a dollar, and they will help you for a day. Give them tokenised ownership, and they will be on your side for a lifetime.” | learn more
This could be a big move toward driving adoption of cryptocurrency by a large group of new users. Telegram’s attempt might have accomplished this, except for those pesky securities law violations (see above). | learn more
“Pavel Durov’s grand cryptocurrency dreams for his Telegram messaging service are ending with an $18.5 million civil settlement with the U.S. Securities and Exchange Commission and a pledge to return the more than $1.2 billion that investors had put into […]
Balaji Srinivasan has earned a second appearance in today’s newsletter. This is a presentation “on how the multiple concurrent crises of 2020 have led to further breakdowns in trust in both establishment media and social media, and how crypto could […]
This was for the bogus ICO of Centra Tech which was promoted by Floyd Mayweather and DJ Khaled. The founder is now sentenced to 7 years in jail and a fine up to $250k. | learn more
From a16z: “Crypto cycles look chaotic, but over the long term they’ve generated steady growth of ideas, code, projects, and startups — the drivers of innovation.” | learn more
This blockchain company, founded in 2016, had a lofty mission to create more trustworthy journalism. My favorite local news source, Block Club Chicago, runs on Civil’s platform. “Our grand experiment did not achieve its mission, but we did succeed in […]